Loan Agreement

Short term Loans

A&B Jewelry & Loan offers short-term cash loans without credit checks or legal consequences if the loan is not repaid. You can walk in and complete a collateral loan – also known as a pawn loan – within minutes. Our pawn loans are regulated by the state of Illinois (XXXIII chapter 539), and are private. All transactions are efficiently processed on a state-of-the-art computer system.

The loan period is for 30 days, with a 30-day grace period, for a total of 60 days. Our pawn loans can also be extended an unlimited number of times with renewal agreements. The loan fee varies depending on the amount of the loan, but start as low as $40.00.

Illinois state law requires that each loan customer present a valid government identification card and sign a loan agreement.

A Small List Of The

Items We Buy

  • Jewelry
  • Fine Watches
  • Coins
  • Diamonds
  • Gold
  • Silver
  • Platinum
  • High-End Electronics
  • Computers, Laptops & Tablets
  • Hi-Def Televisions
  • Video Game Systems
  • Video/Digital Cameras
  • DJ Equipment
  • High-End Tools
Items of Value

When it comes to collateral, the choice is yours. Pawn loans are based on the value of your item in its current value and current condition.

We use all the best resources available at our disposal to get you the most accurate pricing for your item.

Feel free to call us at 847-779-3170 prior to coming in if you have any questions about the item you wish to use as collateral for your pawn loan.

What They are saying about us

The workers are very helpful, friendly and always polite. They go above and beyond their duty to help people. I recommend A&B to any and everyone.

Sylvester BoykinHappy Customer

If you are looking for a good pawnshop around Skokie and Evanston, go to A & B Jewelry and Loan. I have gone to different pawn shop to pawn a couple of jewelry. All i can say is that the People in this shop, is very helpful and courteous in every way you can imagine they will make you feel comfortable and explain everything you need or if you have question that you want to ask. Not unlike those other pawnshop that I've been before.

Gyl OrtineroHappy Customer

A&B has gotta be the best place I've been to sell,they give very good customer service,great place to go if your trying to sell anything best prices highly recommend.

Carlos OrozcoHappy Customer

Nice shop and open when you need them to be open!! Gave me a very fair loan for the old items I had. No problems like the other shops I've been to, polite, and genuine! Good experience!!!

Rafael QuinonesHappy Customer

The staff is very friendly and great to work with when you in a jam. The store is located in a nice area and clean as a whistle. I have used other shops but there is no comparison.

Larry BurnsHappy Customer

Great customer service and a large selection of things to choose from. Came in to get my watch fixed and they were very quick about fixing it. A+

Adam WeinsteinHappy Customer

3 years ago- A & B Jewelry always give me the best prices on what I bring in to loan or sell. Really clean place, cool employees, a lot of nice stuff. If you need something at a good price, go there!

Hector VazquezHappy Customer

This is by far one of the best pawn shops I've been to in the city of Chicago. All employees are very professional and helpful. They have a great selection of unique items that I enjoy coming in to check out regularly. I highly recommend coming in to check them out!

Jimmy S.Happy Customer